We recently signed on as Storm Lake Iowa's Authorized Independent Builders with a modular home company - All American Homes out of Dyersville, Iowa. If you are a broker looking for a great way to add to your company and to add to the value of your company look at the modular home business in your area.
Our first home is a spec home that we are putting up, it will be set on the foundation tomorrow. Exactly 22 days from the time we started dirt work, 34 days from ordering the home! Something that a site built home will never be able to compete with, checkout the company you want to work with.
If you serious consider this option, talk to the customers who purchased these modular homes for the past 10, 5, 1 and 2 years. That range will give you an idea of how good the warranty is with a particular company and how happy customers are with the homes long term.
Modular homes are no walk in the park, I've been in the construction and real estate field for nearly 18 years, my husband and I flip properties, actually live in a 12 year old chiropractor's office that went into foreclosure. You need great construction skills, good people skills, and a lot of contacts with sub contractors. We do use a general contractor on these projects because I have a fulltime real estate brokerage but my husband and I are also general contractors.
This home is 1542 sq ft, full basement, 3 bedrooms and 2 full baths and laundry on main floor. Basement can be completely finished with 2 additional bedrooms and another full bath and a large family room. There are 3 egress windows in the basement. It also has an oversized 24 by 24 attached garage, open floor plan and master suite with walk in closet and large tub with separate shower. It has massive appeal and we already have a number of potential buyers wanting to get in and see the home.
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